Strictly: Oil and Gas Exploration Companies Message Board

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Gold/Mining/Energy : Strictly: Oil and Gas Exploration Companies

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To: r.edwards who wrote (164)	4/23/1999 5:30:00 PM
From: Robert T. Quasius	Read Replies (2) of 318

There is an interesting press release a few days ago, providing some very encouraging backing for MEXP. The market is treating this stock like they are bankrupt, but the deal with the Miller family clearly shows that MEXP will have the cash flow required to meet the bank's requirements. Additionally, when the line of credit is reviewed again in October, with higher natural gas and oil prices no doubt MEXP will be in great shape. I've been watching this one since the stock was in the $8 range, but just never pulled the trigger. I loaded up on this one today. I think this stock will be $4-5 by year end, and perhaps $10 by the end of next year biz.yahoo.com

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